Tag: trade
Apparel
US Cuts De Minimis Tariff on Chinese Goods to 54% From 120%
The US government has announced a significant reduction in the de minimis tariff rate on low-value Chinese imports. Effective May 14, the tariff on...
Apparel
NRF & AAFA Welcome US-China Tariff Pause, Seek Stability
Leading US retail and apparel organizations, including the National Retail Federation (NRF) and the American Apparel & Footwear Association (AAFA), have cautiously welcomed the...
News
Brazil Becomes Top Cotton Exporter with 30.5% Share
Brazil has reached a significant milestone in the global cotton industry, now contributing 14% of worldwide cotton production and holding a record 30.5% share...
Apparel
FTA Helps India Double RMG Market Share in UK: CareEdge
India is anticipated to witness a significant growth in its share of the UK’s ready-made garment (RMG) imports, projected to increase from 6 per...
Apparel
Apparel Industry Disappointed by UK US Trade Tariffs
The recently signed UK-US trade deal, aimed at boosting economic ties between the two nations, has left the apparel industry uncertain about its impact....
Apparel
City Chic Faces US Tariff Hikes with Proactive Steps
Australian retailer City Chic Collective Limited has taken swift action to address the recent U.S. government announcement of sharp tariff increases on global imports....
Apparel
UK India Free Trade Deal Boosts Textile and Fashion Trade
The UK fashion and textile sector has welcomed the recently signed Free Trade Agreement (FTA) with India, a deal that is being hailed as...
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